WERNER ENTERPRISES INC (WERN) Stock Technical Analysis
USA - NASDAQ:WERN - US9507551086 - Common Stock
Overall WERN gets a technical rating of 0 out of 10. WERN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
WERN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.42. Right above this resistance zone may be a good entry point.
More info and screens
24.11
6 important resistance areas can be observed.
- A resistance zone ranging from 26.42 to 26.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.84 to 27.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.33 from a horizontal line in the daily time frame.
- Resistance @30.08 from a horizontal line in the daily time frame.
- Resistance @38.96 from a trend line in the weekly time frame.
- Resistance @41.61 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WERN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WERN is down. |
| ChartMill Relative Strength | 11.75 | NEGATIVE | WERN has a low relative strength, it was outperformed by 88.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WERN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WERN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WERN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.02 | NEUTRAL | The RSI value for WERN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests WERN has a negative trend. |
| Stochastics (14,3) | 27.72 | NEUTRAL | The Stochastics value for WERN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for WERN suggests some volalility. |
| Average Directional Index/ADX (14) | 31.89 | POSITIVE | The high ADX value value for WERN suggests a strong trend. |
24.35
-0.29 (-1.18%)
WERNER ENTERPRISES INC / WERN FAQ
What is the technical rating for WERN stock?
ChartMill assigns a technical rating of 0 / 10 to WERN.
What is the current trend direction of WERNER ENTERPRISES INC (WERN) stock?
The current trend direction for WERNER ENTERPRISES INC (WERN) is Bearish.
What is the RSI signal for WERNER ENTERPRISES INC (WERN) stock?
WERNER ENTERPRISES INC (WERN) has an RSI value of 37.018. This indicates that the stock is currently neutral.
What is the MACD signal for WERN stock?
The MACD indicator for WERNER ENTERPRISES INC (WERN) has a value of -0.204386, indicating a bearish trend.
Can you provide the support and resistance levels for WERNER ENTERPRISES INC?
WERNER ENTERPRISES INC (WERN) has a resistance level at 26.42. Check the full technical report for our detailed analysis of WERN support and resistance levels.